Airlines & Lessors
Mar 20, 2017
Doug Parker, CEO of 2017 ATW Airline of the Year American Airlines, says it's his job to create an environment where people can thrive.
Mar 20, 2017
Alitalia CEO Cramer Ball has confirmed that 2,000 jobs are to be cut, representing 51% of the airline’s office staff and 20% of nonflying operational roles, under a recently announced restructuring strategy.
Mar 20, 2017
Singapore-headquartered lessor BOC Aviation has placed an order for two more Airbus A320-200s for delivery this year.
Mar 17, 2017
Avianca Holdings posted a net profit of $44.2 million in 2016, reversing a $139.5 net loss the company reported in 2015.
Mar 17, 2017
US airlines carried a record 823 million passengers systemwide in 2016, up 3.1% from the previous record high of 798.2 million recorded in 2015, according to US Bureau of Transportation Statistics (BTS) released March 16.
May 20, 2021
With all carriers competing for the same chunk of U.S. domestic leisure travelers in the wake of the COVID-19 pandemic, this summer season could be shaping up into a running battle for market share between ULCCs, traditional LCCs and the large legacy carriers.
May 20, 2021
The airline is forecasting a better than expected cash generation performance in the second quarter as sales for its major markets continue to improve.
May 20, 2021
Should the LAX-Christchurch route proceed as planned, American will become the only carrier to fly nonstop from the U.S. to New Zealand’s South Island.
May 20, 2021
While UK LCC easyJet is preparing to increase capacity from June onwards, flying will remain at around 15% of 2019 levels for the airline’s fiscal 2021 third quarter (Q3).
May 20, 2021
The carrier intends to introduce five new domestic routes and increase frequencies on existing services by October, which will mean another 700 weekly flights in total.
May 20, 2021
Singapore Airlines (SIA) is expecting its fiscal 2021/2022 financials to improve from a record loss as the flag carrier stabilizes its monthly cash burn to around S$100-150 million ($75-$113 million).
May 20, 2021
Qantas predicts its domestic capacity will exceed pre-pandemic levels for the fiscal year beginning July 1, and the growth it has been seeing in this sector is driving improvements in some financial measures.
May 19, 2021
Shareholders of Kuwaiti LCC Jazeera Airways approved an increase in the company’s capitalization at an extraordinary general meeting May 19.